Rent in Oviedo vs Santa Cruz de Tenerife
Asturias · Principado de Asturias — Santa Cruz de Tenerife · Canarias · INE data 2026
Renting in Oviedo is 5% cheaper than in Santa Cruz de Tenerife. The difference is €30/month — a saving of €360 per year.
€551/month in Oviedo vs €581/month in Santa Cruz de Tenerife. National average: €648/month.
Context
Oviedo (Principado de Asturias) and Santa Cruz de Tenerife (Canarias) represent two rental markets from different Spanish autonomous communities. Oviedo is the more affordable option, saving €30/month compared to Santa Cruz de Tenerife. Unemployment in Santa Cruz de Tenerife (14.3%) is higher than in Oviedo (10.5%), which may affect rental demand and purchasing power. On the rent trend, Santa Cruz de Tenerife records an annual change of +2.9%, the more pronounced of the two.
Asturias
Santa Cruz de Tenerife
Estimated rent
Oviedo
551€/month
Santa Cruz de Tenerife
581€/month
Annual change
Oviedo
+1.8%
Santa Cruz de Tenerife
+2.9%
INE index (base 2015=100)
Oviedo
112.5
Santa Cruz de Tenerife
121.0
vs national average
Oviedo
-97€
Santa Cruz de Tenerife
-67€
Population
Oviedo
223,968
Santa Cruz de Tenerife
211,957
Per capita income
Oviedo
16,926€
Santa Cruz de Tenerife
15,110€
Rent-to-income ratio
Oviedo
39.1%
Santa Cruz de Tenerife
46.1%
Where is it better to rent?
In terms of rent, Oviedo is the more affordable option at €551/month, 5% less than Santa Cruz de Tenerife (€581/month). Living in Oviedo saves €360 per year compared to Santa Cruz de Tenerife.
Oviedo
Asturias · Principado de Asturias
551€/month
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Santa Cruz de Tenerife
Santa Cruz de Tenerife · Canarias
581€/month
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Cost of living guides
More comparisons with Oviedo
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →